115 Enterprise Drive, Sellersburg, IN

Land for Sale - $3,392,000 - 32.22 acres


Agent Info

Bill Menish
SVN Premier CRE & Auctions

Property Info

CIMLS#1045069
Location
  115 Enterprise Drive
  Sellersburg IN 47172
UpdatedApril 25th, 2019
TypeLand
Price$3,392,000
Land32.22 acres

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Property Description

Development Opportunity in Sellersburg, Indiana for 32 Acres of Land zoned PUD and in the TIF District.

Thanks to the two new Ohio River bridges, the tremendous growth in this region, PUD zoning and being in the Sellersburg TIF district, the timing and opportunity is right to purchase this terrific commercial land opportunity at 115 Enterprise way, next to the McDonalds , Quality Inn and Circle K at Exit 9 off I-65 in Sellersburg, Indiana.

Enterprise Way dead ends into this property. It is one block from Ohio Avenue, near the intersection of Ohio Ave. and Highway 311. It is very close to the on and off ramps of I65. It is just across 311 from the campus of Ivy Tech Community College with approximately 5,000 students commuting to campus daily. It is also across from the Indiana State Police Post.

The existence of excellent broadband capabilities with access to 2 major power/communication sources, and a major fiber optic line running parallel to I-65 will enhance development.

Traffic and demographic studies have shown support and demand for a supermarket/grocery store in the area. It has many other commercial / retail applications as well as light industrial.

There is excellent visibility at this property and the nearby Camp Run Commons Development. There is a growing population with medium density residential development in the vicinity.